Sinopec Engineering Group Co Ltd. — Earnings Release 2001

Oct 22, 2001

Listed Company Information

UNIVERSE INT'L<01046> - Results Announcement (Summary) Universe International Holdings Limited announced on 22/10/2001: (stock code: 1046) Year end date: 30/6/2001 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/7/2000 from 1/7/1999 to 30/6/2001 to 30/6/2000 ('000) ('000) Turnover : 306,576 282,820 Profit/(Loss) from Operations : 56,512 70,486 Finance cost : (6,573) (2,767) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 40,188 61,063 % Change over Last Period : -34% EPS/(LPS)-Basic : 4.24 cents 6.8 cents -Diluted : 3.87 cents N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 40,188 61,063 Final Dividend per Share : 0.3 cent 0.6 cent (Specify if with other options) : (Scrip Dividend (Scrip with Cash Dividend with Option) Cash Option) B/C Dates for Final Dividend : 22/11/2001 to 26/11/2001 bdi. Payable Date : 7/1/2002 B/C Dates for Annual General Meeting : 22/11/2001 to 26/11/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Basis of calculation for EPS of the current period a) Basic Earning Per Share: The calculation of basic EPS is based on the Group's profit attributable to shareholders of approximately HK$40,188,000 (2000: HK$61,063,000) and on the weighted average of 948,802,551 ordinary shares in issue (2000: 898,204,920 ordinary shares) during the year on the assumption that the subdivision of 1 share of HKD0.1 each to 5 shares of HKD0.02 each had been completed on 1st July 1999 for comparative purpose. As a result, basic EPS for the year ended 30th June 2000 has been changed from 33.99 cents to 6.80 cents for comparative purpose. b) Diluted Earning Per Share: The calculation of diluted EPS is based on the Group's profit attributable to shareholders of approximately HK$40,188,000 plus interest after taxation on convertible notes of approximately HK$843,000 and on 948,802,551 ordinary shares which is the weighted average number of ordinary shares in issue during the year plus the weighted average of 110,592,336 ordinary shares deemed to be issued if all outstanding options and convertible notes had been exercised. (2000: N/A. No diluted earning per share was presented as there was no share option and convertible notes issued by the Company for the year ended 30th June 2000) 2. Explanation for any change or adjustment of the last corresponding results a) Turnover has been reclassified to conform to the current year's presentation. b) The final proposed dividend per ordinary share has been adjusted from HK3cents to HK0.6cents following the subdivision of 1 share of HK$0.1 each into 5 shares of HK$0.02 each during the year.